Every week, I scan hundreds of headlines, read dozens of posts, and bring you the best of the best to save you time and mental energy.
Financial Independence (FI) is a primary focus, but it’s an awfully broad topic. I tend to approach FI and early retirement from a fatFIRE perspective and through the lens of a physician, so expect to see those biases in the selected articles.
For more great articles, take a peek at The Sunday Best Archives. Now let’s get to the best… The Sunday Best!
The Sunday Best
A man who retired at 43 to travel says the biggest challenge will be mental, not financial. I’m that man, and it was fun to see my face on Business Insider in an article written by senior reporter Tanza Loudenback.
Those who feel comfortable spending a lot may truly be able to afford it, and they’ve adopted an abundance mindset. The Debt Free Dr. describes the concept that I referred to in the first article featured today. Scarcity vs Abundance Mindset – Which Do You Have?
It takes an abundance of the abundance mindset to make this bold move as described by T.J. from Half Life Theory. How to Quit Your Six Figure Job and Live the Life of Your Dreams in 3 Steps.
Dr. Mo of Sustainable Medicine quit his job and moved to Spain, where he still earns a good living with U.S. based telemedicine despite living overseas. He recently bared his Digital Nomad Physician Income for all to see.
I chose to continue working “one more year” several times after reaching financial independence. That scarcity mindset is tough to shake. What did it cost me? Go Curry Cracker details The Cost of Working One More Year.
You know, it might not be a great idea to willingly leave your job if a recession might be lurking around the corner. My Money Wizard believes there is. My Bold Prediction: Recession by 2021 (And how I’m preparing for it…).
What interest rate are you paying on your student loans? Check out how low your rate could be by refinancing and educate yourself with a bevy of resources you can find in the freshly updated 2019 Student Loan Resource Page.
Starting a business of your own ensures that your boss cannot fire you. That’s what this man did. How One Man Built A 6-Figure Online Business In Less Than 2 Years.
Reaching the Summit
Last year, I was honored to be a part of the inaugural online FI Summit. Over the course of three days, our viewers and listeners had a chance to interact with Mr. Money Mustache, Ms. Montana, Brad from ChooseFI and a handful of other people way cooler than me. Also, there was me. And a cameo from my kids.
It looked a lot like this:
This is happening again in just a few weeks.
The dates this fall are October 22-24. Here’s what’s on tap:
- Optimizing Your Income: More Money in Less Time w/ Grant Sabatier from Millennial Money
- Investing Towards Your First $1 Million w/ JL Collins
- Creative Spending that Doesn’t Sacrifice Your Retirement Dreams w/ Liz Thames from Frugalwoods
- How to Achieve Debt Freedom and Make Room for Wealth w/ Nicole Hatcher from Frugal Chic Life
- How to Stop Selling Out For Money and Start Doing More of What Matters w/ Chad (Coach) Carson
- Creating Your Freedom Plan (a.k.a. a Budget) w/ Jamila Souffrant from Journey to Launch
That’s a stellar lineup, am I right? If you’re interested in the viewing options, which include both live and recorded video, check out your options here! Code POF gets you 10% off if you choose to join up.
A Featured Insurance Agent
Kaplan Financial Robert B. Kaplan, Certified Financial Planner™, founder and President of Kaplan Financial, specializes in serving the unique disability insurance needs of over 2,500 physicians nationwide. Robert, who founded the firm in 1990, is a former CPA with Ernst & Young and has been married to a practicing physician for over 25 years. Robert is a recognized sales leader among disability insurers. He works with a broad range of insurers to find the best combination of policy features, cost, and financial strength for you. As a result, he is able to make informed recommendations based on objective research and your individual needs.
Kaplan Financial is the place to go for objective and experienced financial advice, discounted rates on individual disability insurance, and a long-term commitment of superior service. I invite you to contact Robert Kaplan, CFP® today by visiting his website at www.KaplanFinancial.net; email at [email protected]; or by calling 818.783.6620.
Up to $300 credit each year for travel booked on Capital One Travel, 10,000 bonus miles each account anniversary ($100 value). Unlimited Priority Pass Lounge Access, $100 Global Entry or TSA Pre✓ credit. $395 fee can be more than offset with travel credit & annual point bonus
Have an outstanding week!
-Physician on FIRE